awamo GmbH

Awamo is a fintech startup with a mission to create a microfinance business platform for Africa. The company's flagship product, awamo 360, is a mobile, cloud-based, and affordable microfinance management platform designed specifically for microfinance institutions (MFIs), SACCOs, and VSLAs. It boasts features such as biometric authentication, mobile-friendly design, and complete digitization of credit, risk, and portfolio management processes. The platform effectively addresses the challenges faced by MFIs, enabling them to capture borrower data, monitor operations in real-time, and generate credit reports, ultimately reducing transaction costs, default risks, and interest rates. Since its establishment in 2015, Awamo has received a Seed Round investment from Finlab AG in September 20, 2018. With its headquarter in Germany, Awamo operates at the intersection of Financial Services, Fintech, SaaS, and Banking, aiming to fuel sustainable local economies and increase financial inclusion in Africa. For more information, please visit their website: Awamo